Tata Motors Ltd

Tata Motors reported strong sales performance for Q2 FY27, delivering 1,35,114 units in domestic and international markets, a significant 42.7% year-on-year growth from 94,681 units in Q2 FY26. September 2026 sales also saw a substantial increase to 51,062 units from 35,862 units in September 2025. The company highlighted robust growth across all commercial vehicle segments, including HCV Trucks (40.3% YoY), ILMCV Trucks (24.4% YoY), Passenger Carriers (35.2% YoY), and SCV cargo and pickup (26.2% YoY). The International Business showed exceptional growth of 177.3% YoY. Electric Vehicle (EV) volumes experienced a 2.4X year-on-year growth in Q2 FY27. The company anticipates continued demand supported by government capex, post-monsoon activity, rising e-commerce, and the festive season, despite concerns over commodity costs and diesel prices.

Tata Motors Limited, through its wholly owned subsidiary TML Smart City Mobility Solutions Limited (TSCMSL), has acquired a 26% stake in Mateshwari E-Smart Mobility (Hyderabad) Private Limited (MEMHPL) for ₹2,60,000. This investment makes MEMHPL an associate company of Tata Motors. The acquisition is part of Tata Motors' strategy to participate in tenders for electric bus operations and maintenance, aligning with the business objects of the company. MEMHPL was incorporated on August 11, 2026, and the acquisition was completed on September 28, 2026.

Tata Motors Ltd has received an Environmental, Social, and Governance (ESG) rating of B+ from SES ESG Research Pvt. Ltd. The company was assigned an adjusted ESG Score of 75.3 based on disclosures for the fiscal year 2025-26. Notably, Tata Motors did not engage SES ESG for this assessment; the report was independently prepared by SES ESG using publicly available information and disclosures. This rating is for informational purposes for the stock exchanges and company members.

Tata Motors Ltd has announced that its Board of Directors will convene on Friday, October 23, 2026. The primary agenda for this meeting is to consider and approve the Audited Standalone Financial Results and Unaudited Consolidated Financial Results (with Limited Review) for the second quarter and half year ended September 30, 2026. In compliance with insider trading regulations, the trading window for designated persons has been closed from September 23, 2026, and will reopen 48 hours after the financial results are published. The company also plans to host an Analyst/Investors’ call on the same day the results are announced, which will be accessible on its website.

Tata Motors announced a price increase of up to 1% on its commercial vehicle range, effective October 1, 2026. This revision is attributed to rising commodity and input costs. The exact increase will vary by model and variant. The company, formerly TML Commercial Vehicles Limited, is part of the Tata Group and a leading manufacturer of utility vehicles, trucks, and buses in India.

Tata Motors Ltd has filed an intimation regarding a Composite Scheme of Amalgamation involving itself, TMF Holdings Limited, and TMF Business Services Limited. This scheme, approved by the National Company Law Tribunal (NCLT), Mumbai Bench, will merge its wholly-owned subsidiaries, TMF Holdings Limited and TMF Business Services Limited, with Tata Motors. While meetings of shareholders and creditors have been dispensed with by the NCLT order, notices are being sent to them to seek any representations. The details of the scheme and notices are available on the company's website.

Tata Motors' indirect wholly-owned subsidiary, TML CV Holdings B.V., has announced a voluntary totalitarian tender offer for all common shares of Iveco Group N.V. The Offer Document, approved by CONSOB, details the offer which runs from September 7, 2026, to October 26, 2026. The offer price is Euro 14.10 per common share (cum dividend). The Offer Document is available at various locations including the registered offices of the Offeror and Iveco Group, as well as on the websites of Tata Motors and Iveco Group. The transaction is subject to certain effectiveness conditions.

Tata Motors Limited, through its subsidiary TML CV Holdings B.V., has launched a recommended all-cash voluntary total tender offer for all issued common shares of IVECO Group N.V. The offer price is EUR 14.1 per common share. The acceptance period runs from September 7, 2026, to October 26, 2026. The IVECO Group Board unanimously supports the offer. Exor N.V., the largest shareholder, has committed to tender its stake. The combined entity aims to create a global leader in commercial vehicles with combined revenues of approximately EUR 21 billion.

TML CV Holdings B.V., a wholly-owned subsidiary of Tata Motors, has received approval from Consob for its voluntary tender offer on all common shares of Iveco Group N.V. (IVG). The offer document has been approved, with the acceptance period set to run from September 7, 2026, to October 26, 2026, unless extended. The consideration offered is Euro 14.10 per common share. A potential reopening of the acceptance period is also outlined. This move is part of Tata Motors' strategic interests in Iveco Group.

Tata Motors Ltd announced that its indirect wholly-owned subsidiary, TML CV Holdings B.V., has secured all necessary prior authorisations from sector regulatory frameworks for its voluntary totalitarian tender offer for all common shares of Iveco Group N.V. Key authorisations include those from the UK's Financial Conduct Authority, the Bank of Spain, and the European Central Bank for acquisitions of qualifying holdings in various financial entities. With these approvals in place, the offer document will be published after review by Consob. This marks a significant step towards the completion of the tender offer.